Cyprus Bank Deposits ‘To Lose 60% Of Value’

Cyprus Bank Deposits ‘To Lose 60% Of Value’

  • Posted: Mar 30, 2013
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Sources suggest some savers in Cyprus could lose 60% of the money they have deposited

Savers with more than 100,000 euros in the Bank of Cyprus could lose up to 60% of their deposits, two senior officials have warned.

The Central Bank official and the Finance Ministry technocrat said read more

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